• See the Value of the Naira at the Black Market Today

    See the Value of the Naira at the Black Market Today

    The value of the naira in exchange for the dollar at the black market has failed to improve in the face of yesterday’s fall.

    These are the currency exchange rates for today, November 29, 2016, as powered by Zenith

  • Naira has lost 85 percent of its value in two years – CBN

    Naira has lost 85 percent of its value in two years – CBN

    The Central Bank of Nigeria, CBN, has revealed that the nation’s currency has lost about 85 per cent of its value in the last two years, harping on the need for risks managers in banks to brace up to the risks facing the banking sector.

    The Director, Banking and Payment System, CBN, Mrs. Tokunbo Martins, stated this at the weekend in a presentation made at a round-table discussion organised by the Risk Managers Association of Nigeria, RIMAN, in Lagos.

    She said the […]

  • See the Value of the Naira in the Black Market Today

    See the Value of the Naira in the Black Market Today

    The naira has maintained its value in the black market for the third day running as Nigerians stay hopeful.

    These are the currency exchange rates for today, November 16, 2016, powered by Zenith Bank Plc. The dollar also exchanged for N455 yesterday amidst deep economic

  • See the Value of the Naira at the Black Market Today

    See the Value of the Naira at the Black Market Today

    There are hopes that the Nigerian local currency could bounce back in the parallel market following a strong fight being put up against the dollar.

    These are the currency exchange rates for today, November 15, 2016, powered by Zenith Bank Plc. It would be recalled that the dollar exchanged for N455 at the black market

  • See the Value of the Naira at the Black Market Today

    See the Value of the Naira at the Black Market Today

    The Naira has improved at the parallel market which the inter-bank rate has recorded its usual stagnancy.

    These are the currency exchange rates for today, November 9, 2016, powered by Zenith Bank Plc. Naira which exchanged at the rate of N470 to a dollar has improved by

  • FG working on adding value to goods for export, says Adeosun

    FG working on adding value to goods for export, says Adeosun

    According to reports, the Minister of Finance, Kemi Adeosun, has said the federal government is working on ensuring that the country’s exports are not only raw materials but also processed goods to allow the country earn more foreign exchange.

    Adeosun who noted that Nigeria’s export is not raking in enough foreign exchange as it ought to said concerted efforts are ongoing to ensure that raw materials are processed for added value before they are exported out of the country.

    Speaking at the […]

  • See the Value of the Naira at the Black Market Today

    See the Value of the Naira at the Black Market Today

    The naira has refused to improve in exchange for the U.S dollar at the black market while the interbank rate remains dormant.

    These are the currency exchange rates for today, November 4, 2016, powered by Zenith Bank Plc.

    Hopes of Nigerians still remain high about the fate of the naira amidst the scathing crisis of

  • See the Value of the Naira at the Black Market Today

    See the Value of the Naira at the Black Market Today

    The naira has retained yesterday’s value at the parallel market as Nigerians hope for an improvement to douse the inflation rate.

    These are the currency exchange rates for today, November 3, 2016, powered by Zenith Bank Plc.

    The naira has remained stagnant in exchange for the dollar at both

  • See the Value of the Naira in the Black Market for the New Month of November

    See the Value of the Naira in the Black Market for the New Month of November

    The naira has remained in a bad state in the parallel market as Nigerians were ushered into a new month of November.

    These are the currency exchange rates for today, November 1, 2016, powered by Zenith Bank Plc.

    The value of the naira at the black market has remained stagnant since

  • See the Value of the Naira at the Black Market Today

    See the Value of the Naira at the Black Market Today

    The naira is currently at a bad shape at the black market with a little sense of stability at the interbank rate.

    These are the currency exchange rates for today, October 31, 2016, powered by Zenith bank plc.

    There is the high possiblity of a continued fall of the local currency due to the pressure mounted by marketers due to

  • Terrible Fall: See the Value of the Naira Today at the Black Market

    Terrible Fall: See the Value of the Naira Today at the Black Market

    The Naira on Wednesday suffered a massive setback in the black market following the forces of demand and supply.

    These are the currency exchange rates for today, October 27, 2016 as powered by Zenith Bank Plc. Reports have it that Travelex has supplied insufficient dollars to the parallel market over